In today’s briefing:
- Companies Keen to Reduce Administrative Costs, but Reluctant to Provide Convenience to Shareholders
Companies Keen to Reduce Administrative Costs, but Reluctant to Provide Convenience to Shareholders
- Not much progress has been made in the early disclosure of convocation notices. The key to even earlier disclosure of convocation notices is the moving up of earnings announcement dates.
- Overseas investors require that all materials in the notice of convocation be provided translated in English, and only 27.3% of prime market listed companies have responded.
- Few companies file their annual securities reports prior to AGMs. This can be taken as companies’ intention to provide as little detailed information as possible to shareholders prior to AGMs.
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